Oireachtas Joint and Select Committees
Tuesday, 18 June 2019
Committee on Budgetary Oversight
Budgetary and Fiscal Implications of Climate Change: Discussion
Dr. John Curtis:
Perhaps the Department will correct me, but those higher figures mentioned by the Deputy for compliance cost were based on a higher emissions trading system, ETS, price and carbon price in the market. That has not come to pass. We have gotten off lightly on the cost of compliance because the market for complying with this has not been as steep as anticipated. However, we anticipate that it will be higher in future.